ESPNsoccernet's On the Move transfer blog is where you will find a hearty round-up of all the rumours and signings during the summer transfer window. Get your teeth into the below to find out which player(s) your side are being linked with today.
Also, you can always check the full list of completed deals in England and the SPL by clicking right here.
Andy Carroll is unlikely to be the subject of multi-million transfer offers. A loan deal looks likely.
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19.13 BST Remember to give us your thoughts using the comments box and we'll do our best to promote a selection. Here's one from reader Joe Smith.
"Being an American, I'd love to see Dempsey sign with Liverpool. Personally, I only think it will help Dempsey, and if LFC can wrap up a deal worth 7 million pounds, what a steal! Charlie Adam cost more than that! Let alone Downing, Henderson, etc."
18.57 BST Crystal Palace are ready to offload wantaway defender Nathaniel Clyne, chairman Steve Parish has revealed. Parish said: "We need to do a deal with Clyne. There is a bit of action in the background and we know there is a lot of interest. It is just about sorting out who it is best to go to and who will put the right money on the table. We're all working to get an outcome. Clubs don't want to go down the tribunal route. It is a game of cat and mouse on the fee - we've just got to let that play out."
18.43 BST Rangers have reached an agreement with midfielder Juanma Ortiz that has seen the Spaniard's contract terminated by mutual consent. Story here.
18.14 BST DONE DEAL West Brom have signed Belgian winger Yassine El Ghanassy on a season-long loan from Gent. Story here.
17.58 BST Sevilla have rejected a bid of €5m from Fulham for defender Federico Fazio, according to Marca. Fazio said today that there have been offers from other teams but he's focused on Sevilla.
17.30 BST Real Madrid seem to think that David Silva won't sign a new deal with Man City. Confident aren't they? But surely they can't pick up both Silva AND Modric, so they have a tough choice to make.
17.20 BST Striker Mauro Zarate is willing to reduce his salary in order to remain at Lazio, according to his agent Luis Ruzzi. "Would he be willing to reduce his contract?" he told Corriere dello Sport. "Mauro would be open to that possibility as he turned down quite a bit of money when he joined Inter on loan."
17.11 BST Benfica sporting director Rui Costa says there is no talks over the potential sale of Axel Witsel at the moment. "Witsel is a player of Benfica and he is doing the pre-season with us," Rui Costa stated to reporters.
16.45 BST AC Milan vice-president Adriano Galliani has met with agent Mino Raiola, adding to further speculation about the future of Zlatan Ibrahimovic. PSG are being linked with a fresh bid.
16.32 BST Adel Taarabt has signed a new contract at QPR until 2016. He has also changed his number to No.10.
16.26 BST Liverpool are hoping to pull off the £7 million signing of Real Madrid forward Jose Callejon in the next few days, according to the Daily Star.
16.05 BST Newcastle boss Alan Pardew has laughed off suggestions that Barcelona could prise Yohan Cabaye from his grasp for as little at £8 million. He said: "The interest is purely speculative. We have had no contact and certainly no offer, and obviously we wouldn't even consider an offer anywhere near that region.'' Read more here
15.59 BST Arsenal have confirmed Joel Campbell's exit from the club on a season-long loan deal with Spanish side Real Betis.
15.40 BST Stoke City are closing on a £1.7 million deal for Houston Dynamo defender Geoff Cameron, reports the Daily Mail
15.26 BST Montpellier midfielder Younes Belhanda will ignore interest from the Premier League to sign a new extended contract at the Stade de la Mosson. Full story
15.09 BST Andy Carroll intends to meet Liverpool boss Brendan Rodgers to discuss his future at Anfield, with the striker keen to be part of the new manager's plans despite suggestions that he could leave this summer. Full story
14.49 BST Andre Villas-Boas has confirmed Tottenham are in "discussions" with "various clubs" over the expected departure of Luka Modric. Full story
14.42 BST The Daily Mail claims Olympiakos and Real Mallorca are lining up bids for West Brom defender Gabrial Tamas.
14.25 BST - Done deal - Goalkeeper Paddy Kenny has left QPR to join Leeds United for an undisclosed fee and will be reunited with manager Neil Warnock for a fourth time, having previously worked under him at Bury, Sheffield United and Loftus Road.
13.54 BST French newspaper Le Parisien claims PSG are keen on Luka Modric and they will stump up Tottenham's €40 million asking price.
13.20 BST Gazzetta dello Sport report that former Inter striker Samuel Eto'o wants Wesley Sneijder to join him at Anzhi and the Russian club will test the water with a €25m offer for the former Real Madrid man.
12.57 BST Bolton Wanderers midfielder Mark Davies is a £5 million transfer target for Premier League new-boys Reading and Fulham, says The Sun.
12.31 BST Chelsea midfielder Oriol Romeu has revealed that he would return to former club Barcelona if he was given a chance to play by new coach Tito Vilanova. Full story
12.11 BST Bundesliga club Hamburg SV and Corinthians have agreed a deal for Peru striker Paolo Guerrero, who will now undergo a medcial in Brazil. "Both teams have agreed on the transfer," Hamburg sports director Frank Arnesen told reporters.
11.50 BST Porto striker Hulk has clarified his position in relation to a possible move to Chelsea, insisting "nothing" is currently happening between he and the West London club. Full story
11.31 BST - Done Deal - Bundesliga side Bayer Leverkusen have announced the signing of defender Daniel Carvajal from Real Madrid on a five-year deal.
11.20 BST Fiorentina have terminated the contract of wantaway midfielder Houssine Kharja. The 29-year-old was contracted to the Tuscan outfit for another season but reportedly agreed a two-year deal Qatari with Al Arabi last month.
11.00 BST Boca Juniors vice president Oscar Moscariello says "the paperwork is ready for Riquelme to continue to play at Boca", but the Argentine still wants to quit. Flamengo , Tigre and Argentinos Juniors are all interested in signing the 34-year-old.
10.45 BST Tottenham's new manager Andre Villas-Boas wants a good look at Kyle Naughton before deciding whether to accept a £5 million bid from Southampton, according to the Daily Mirror.
10.28 BST - Done deal - Catania forward Maxi Lopez will have a medical with Sampdoria on Thursday after the club reached an agreement to take the Argentinian striker on loan with an option to buy. Full story
10.06 BST West Ham United have confirmed to ESPN that they are interested in signing Liverpool striker Andy Carroll on a season-long loan. Full story
09.45 BST Brendan Rodgers is positive Luis Suarez will pledge his future to Liverpool by signing a new deal. Full story
09.26 BST If Ibra and Thiago do leave, Gazzetta dello Sport suggests AC Milan vice-president Adriano Galliani will replace them with either Edin Dzeko or Carlos Tevez up front, and Alexandre Kolarov or Vasco da Gama's Dede at the back.
08.59 BST Big-spending French side Paris Saint-Germain will offer around €60 million for AC Milan duo Thiago Silva and Zlatan Ibrahimovic, according to L'Equipe.
08.45 BST Oh no! It's the news we have all been dreading. Italian newspaper Corriere dello Sport claims AC Milan have revived the tedious Carlos Tevez transfer saga by submitting a proposal to Man City after positive talks with the player’s agent Kia Joorabchian.
08.38 BST Fulham are set to pip Everton to the signing of Colombian striker Hugo Rodallega, who left Wigan at the end of last season, on a free transfer.
08.00 BST Tottenham's pursuit of Lyon goalkeeper Hugo Lloris is gathering pace but Spurs are still £3 million short of the French club's £15 million valuation, according to The Times.
Good morning all. The future of Andy Carroll is once again dominating the newspapers but while on Tuesday AC Milan were supposedly courting the Liverpool striker, Wednesday brings the big man down to earth with a bump as newly promoted West Ham want to take him on loan. At least that's according to the Daily Mirror.
The Independent claims Liverpool are prepared to accept a £20 million loss on Carroll this summer. However, there is little optimism at Anfield that the striker would attract offers of even £15 million and agree that a loan deal for the 23-year-old remains most likely.
According to The Sun, Barcelona are eyeing a shock raid for Newcastle's Yohan Cabaye. The Spanish giants are weighing up whether to make an £8 million bid for Cabaye, or French midfield team-mate Yann M’Vila, 22.... Also in The Sun, Liverpool are lining up a £7 million move for Celtic's 23-year-old midfielder Ki Sung-Yueng.
The Daily Star reports Yaya Toure has rejected a shock return to Barcelona and pledged his future to Manchester City. But the Premier League champions could still lose midfielder David Silva, with Real Madrid refusing to give up hope of signing the Spain midfielder.... Also in the Daily Star, Ajax want £8 million for Newcastle target Vurnon Anita, but the Toon are only willing to pay £6 million.